+43.5%
MLM vs GAP
+9.0%
+34.6%
-32.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.1% | +0.5% | +0.7% | +1.1% |
| 7D | -2.9% | -4.5% | +1.6% | -2.2% |
| 30D | -6.8% | +9.0% | -15.9% | -8.3% |
| 3M | -11.2% | +5.0% | -16.2% | -12.1% |
| 6M | -21.8% | -17.8% | -4.0% | -20.1% |
| YTD | -17.0% | -10.4% | -6.6% | -16.3% |
| 1Y | -16.4% | -3.4% | -13.0% | -17.0% |
| 3Y | +14.5% | +111.5% | -97.0% | -6.8% |
| All | +43.5% | +9.0% | +34.6% | +21.9% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.
Cumulative Out/Under-Performance
Relative wealth over 5y: compounded portfolio wealth divided by compounded GAP wealth, less one. Both series rebase at the selected span's start.
Cumulative Alpha
Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.
Updating return analytics…
5y analysis · Full analysis span regression · 6 months rolling